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Fannie Mae, Freddie Mac Mortgage-Bond Yields Tumble (Update2) - BloombergDec. 4 (Bloomberg) -- Yields on Fannie Mae, Freddie Mac and Ginnie Mae mortgage bonds fell as Treasury Secretary Henry Paulson considers a plan to push home-loan rates down to 4.5 percent to curb the yearlong U.S. recession. Yields on Washington ...
Fannie Mae, Freddie Mac Mortgage-Bond Yields Fall (Update1) - BloombergDec. 4 (Bloomberg) -- Yields on Fannie Mae, Freddie Mac and Ginnie Mae mortgage bonds fell as Treasury Secretary Henry Paulson considers a plan to push home-loan rates down to 4.5 percent. Yields on Washington-based Fannie’s current-coupon 30-year ...
Bernanke: lower interest rates are "feasible" - Greenwich TimeIn this Oct. 7 file photo, Federal Reserve Chairman Ben Bernanke, speaks to the National Association for Business Economics in Washington. Bernanke, warning that financial markets remain under "severe strain," pledged Friday, Nov. 14, to work closely ...
Locals share memories of the Great Depression - Greenwich TimeTony Dipreta speaks about his experiences in the Great Depression recently at The Greenwich Senior Center. Charles Prete's family had groceries delivered each week by a local store, even during the Great Depression when times were tough and there ...
When times were tough: Seniors say downturn doesn't stack up to ... - Stamford AdvocateGREENWICH - When he was a kid, Charles Prete's family had groceries delivered each week by a local store, even during the Great Depression, when times were tough and there wasn't any money to pay for them. "My father always wanted to put food on the ...
Two Investors Sue Countrywide Over Loan-Modificiation Plans - CNN MoneyNEW YORK -(Dow Jones)- Two investors in mortgage-backed securities sued Bank of America Corp.'s (BAC) Countrywide Financial Corp. on Monday over plans to make up to $8.4 billion in loan modifications as part of a settlement with 15 state attorneys ...
UPDATE: Investors Sue Countrywide Over Modification Plans - CNN MoneyNEW YORK -(Dow Jones)- Two investors in mortgage-backed securities sued Bank of America Corp.'s (BAC) Countrywide Financial Corp. on Monday over plans to make up to $8.4 billion in loan modifications as part of a settlement with 15 state attorneys ...
Fed adds $800bn to boost borrowing - Financial TimesThe US Federal Reserve on Tuesday escalated its efforts to revive the financial system, pledging $800bn to bolster markets for loans to homebuyers, consumers, students and small businesses. The planned intervention in consumer lending markets had a ...
Register for FREE - Wall Street JournalPlease register to gain free access to WSJ tools. An account already exists for the email address entered. “Despite good-faith efforts by both the private and public sectors, the foreclosure rate remains too high, with adverse consequences for both ...
10-year Bund yield sinks to 50-year low - Financial TimesThe yield on benchmark German government debt fell to its lowest level in nearly 50 years on Thursday, emulating recent historic drops seen in the US and UK bond markets. The yield on the 10-year Bund crashed below 3 per cent, sliding as low as 2.94 ...
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